Jeremy Hunt will deliver the Autumn Statement later today, where he is expected to raise taxes and cut public spending in order to balance the books.
The Chancellor of the Exchequer has warned that everyone will have to pay "a bit more tax" and that "sacrifices" will have to be made following the disastrous mini-budget in September.
Ahead of his statement Hunt declared he will be playing Scrooge, as he sets out his vision to restore financial "stability", with a focus on delivering "certainty" to families and businesses in the wake of the market turmoil sparked by his predecessor's £45billion tax-cutting bonanza.
